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Presentation
Community Impacts of Decision Modeling for Foreclosed Redevelopment
Institute for Operations Research and Management Sciences Fall 2014 annual conference (2014)
  • Michael P Johnson, Jr., University of Massachusetts - Boston
  • Alvine Sangang, University of Massachusetts Boston
  • Buki Usidame, University of Massachusetts Boston
Abstract
Community development corporations purchase distressed housing to rehabilitate for renter or owner-occupancy. These mission-driven organizations, skilled in the business of housing development, often lack analytic expertise to determine which acquisitions to pursue that would maximize social impact. This paper presents results, using actual purchase data from a Boston-area CDC, to assess the potential social benefits associated with using a decision model as compared to conventional practices.
Keywords
  • Policy analysis,
  • multi-objective optimization,
  • Pareto-improving
Publication Date
November 10, 2014
Citation Information
Michael P Johnson, Alvine Sangang and Buki Usidame. "Community Impacts of Decision Modeling for Foreclosed Redevelopment" Institute for Operations Research and Management Sciences Fall 2014 annual conference (2014)
Available at: http://works.bepress.com/michael_johnson/61/